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Europe Daily Bulletin No. 10728

13 November 2012
ECONOMY - FINANCE - BUSINESS / (ae) banking
'AAA gang' view of the eurozone bank supervision system

Brussels, 12/11/2012 (Agence Europe) - Three AAA-rated countries in the eurozone, Germany, Finland and the Netherlands, are in no hurry for the new bank supervisory system to be fully operational. They say that the Ecofin Council must make a unanimous decision about the European Central Bank's capacity to supervise too-big-to fails in the eurozone based on a report from the ECB, and want the ECB to publish a list of the banks in question. There are four AAA-rated eurozone countries in total,...

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